Rafael Araujo

Claritas Administração de Recursos Ltda. (Claritas) is the Brazilian investment management subsidiary of PFG do Brasil Ltda., ultimately held by The Principal Financial Group, Inc. (NYSE: PFG) in the US. The firm was founded in 1999 by Marcelo Karvelis and Renato Ribeiro Fortes Abucham. Headquartered in Sao Paulo, Claritas offers local and international funds to individual and institutional investors. The firm is a signatory of the UN Principles for Responsible Investment (UNPRI) and committed to incorporating environmental, social and corporate governance issues into their investment analysis and decision-making processes.

Rio Bravo Investimentos Ltda. (Rio Bravo) is an asset manager headquartered Sao Paulo, Brazil. The firm was founded by Gustavo Franco and Paulo Bilyk in 2000. They are owned by Rio Bravo Asset Management Participações SA, which is owned by Fosun International Holdings Ltd. in British Virgin Islands. Rio Bravo offers investment funds for institutional investors.

Part of Fosun International Holdings Ltd., Fundamental Investimentos Ltda. The company is based in São Paulo, Brazil. is a Brazilian company that provides investment advice. The company was founded in 2006 by Paulo André Porto Bilyk.

Banco Inter SA, a subsidiary of Inter & Co., Inc. Banco Inter is a full-service national bank which provides multi banking services. The bank focuses on digital banking solutions provided to individual and corporate customers. Its products and services portfolio include current accounts, personal and commercial loans, real estate credits, as well as letters of credit, among others. The Bank also provides access to various investment solutions, such as funds, as well as fixed and variable-income products. In addition, it offers property and casualty insurance. Banco Inter was founded in 1994 and is headquartered in Lourdes, Brazil.

Guepardo Investimentos Ltda. (Guepardo) is an independent Brazilian asset management firm which was founded by Octavio Ferreira de Magalhães in 2004. Guepardo is headquartered in São Paulo and specializes in managing a range of funds for various investors. The firm's owners invest a substantial part of their assets invested in their funds.

EOS Investimentos Ltda. (EOS) is an independent Brazilian asset management firm which was founded by Flavio Silberberg in 2008. Headquartered in Sao Paulo, EOS provides investment management services to high-net worth individuals and families, companies and family offices.

BRZ Investimentos Ltda. is the asset management subsidiary of Weigl Participações SA in Brazil, itself a subsidiary of GP Investments Ltd. (BVMF: GPIV33), a firm based in the Bermuda Islands and listed on the Luxembourg Stock Exchange and traded on the EuroMTF market. The firm was incubated at GP Investimentos in 1998 and formerly known as GP Administração de Recursos. They became BRZ Investimentos in 2007. Headquartered in Sao Paulo, BRZ Investimentos is a multi-product, customer-focused firm which performs in-house research, strict risk control and mainly offers credit and private equity funds strategies.

Icomm Group SA is a holding company which operates an online retail portal. Its catalog consists of ladies' apparel, footwear, and accessories, as well as kitchen tools and home decor. The company was founded by Isabel Carvalho Pinto Humberg, Mariana Mendes Medeiros, and Rosana Gonçalves Sperandeo Saigh in 2009 and is headquartered in Sao Paulo, Brazil.

Exploritas Administração Financeira Ltda. is a financial management company based in São Paulo, Brazil, founded in 2012. The Brazilian company seeks to generate value through diversification and exposure in assets with a great risk/return asymmetry. The company's portfolio managers have years of experience in the financial market, managing bonds and equities in the Brazilian market and Latin America. Exploritas Administration Financial Ltda. uses strategies with derivatives as an integral part of its investment policy. The private company's investment funds do not have the assurance of the administrator, the portfolio manager, any insurance mechanism, or the credit guarantee fund - FGC. The information contained in this material is exclusively informative and should not be considered as an offer for the acquisition of quotas from these funds.

J. Safra Asset Management Ltda. (Safra AM) is an asset management firm headquartered in Sao Paulo, Brazil. The firm was founded in 1968 and is a subsidiary of Sercom Trade Services Ltda., ultimately held by Grupo Safra SA in Brazil. Founded in 1968, Safra AM manages assets for individual and institutional clients.